Taxing time for MultiChoice as Nigerian demand sees stocks plummet

An order that the company pay an almost R33bn tax bill saw it lose R3,5bn in market value in just two hours

26 August 2021 - 19:35 By Ruth Olurounbi and Loni Prinsloo

A dispute between Nigerian tax authorities and MultiChoice, Africa’s biggest pay-TV provider, has intensified, showcasing the risk international firms face as the continent’s largest economy tries to bolster revenue collections. ..

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